US Representative Warren Davidson warns the GENIUS Act could enable a wholesale CBDC, while digital IDs may control Americans’ access to their own money.
US Representative Warren Davidson warns the US is drifting toward a permissioned and heavily surveilled financial system, arguing that recent crypto legislation undermines the industry’s original promise of permissionless, private money.
In a post on… [2056 chars]
Source: Cointelegraph | Published: 2026-01-01T00:36:21Z
Credit: Cointelegraph
